Litchfield Rotary Foundation Inc
- Assets
- $31.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Litchfield, MN
- Founding
- 08/2012
- Data as of
- 06/2020
- EIN
- 45-4798771
Organization Overview
Litchfield Rotary Foundation Inc is located in Litchfield, MN. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Litchfield Rotary Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Litchfield Rotary Foundation Inc generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (66.5%) each year. All expenses for the organization totaled $153.0 during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (82.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Droessler Treasurer | 1 | $0 | |
Tom Zens President | 1 | $0 | |
Colleen Erpelding Secretary | 0.5 | $0 | |
Beverly Mathwig Vice Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,040 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,056 |
| Statement of Expenses | |
|---|---|
| Total expenses | $153 |
| Balance Sheet | |
|---|---|
| Total assets | $31,936 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,936 |